I found an interesting study that you might be interested in with your line of work.
It is called: Forward contracting vs Hedging fed cattle:
Comparisons and Lender Attitudes.
Its well worth the reading time.
http://www.aaec.vt.edu/rilp/clem891.pdf
It is called: Forward contracting vs Hedging fed cattle:
Comparisons and Lender Attitudes.
Its well worth the reading time.
http://www.aaec.vt.edu/rilp/clem891.pdf